Us30analysis
US 30/ Dow Jones 1D Trade Setup - The US Index is currently trading on its All-Time High
- From a Trade Perspective, I would like to wait and watch out what the FED delivers in the FOMC statement
- The rate-cut bets are now fading away and making it look tough for traders that the FED will cut rates
- Inflation is currently sitting at 3.4%
- Cutting rates fundamentally doesn't look feasible as long as the FED doesn't achieve its target of 2%. We can see a mid-cool-off when FED achieves 2.5% once cut and maybe aggressive hikes post that along with some pause
- From a Trading Perspective, I would like to wait for a liquidity grab and then execute orders depending on the price action
- The inefficiencies currently look a little untapped, once the price taps it, I will start looking for longs
- DOL on this still needs to be tapped before you look for long
- Shorts on a scalp basis are preferable but don't swing short in a bull market
US30 - weeklyFor the Dow jones industrial average November had been a great month where we saw a rally from 32600 level, now finally the price has reached near the zone of 36600 to 37000 which is a resistance for the price, also the price is extended without any corrections, so we can expect a fall from this zone. This is not a financial advice, do your own research before placing any trades.
US30🛡US30 || #US30 price advanced with an impulse, the range is taken as a corrective move to continue bullish🎖🎖🎖
US30 Trading Plan - 03/Jul/2022Hello Traders,
Hope you all are doing good!!
I expect US30 to go DOWN after finishing this correction.
Look for your SELL setups.
*This BUY is risky and I am biased only for short term upside, if you dont know how to manage your trade, dont take the risk now and wait for it to break the last low for HPB .
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
US30 ShortsAfter this heights, It's losing the momentum and more institutions shorts and news affecting it. Expecting lows by end of the week.
US30 - Moving up as discussedPrice as expected moves up after taking the support ( view the chart below for better understand )
Price in lower time frame breaks the pattern and moves up with big volume as shown in this analysis.
Price nearing all time high - BullPrice took support from the previous levels and heading towards the all time high levels.
As you can observe from the picture that price trading in a channel pattern and it gently rejects from the channel top and takes support from the channel bottom and moves on.